Dow Up 16.3% For 2006
As of today's market close, the Dow Jones Industrial Average was at 12,463.15. A bit of a down day to sew up the year, but still better than a 16% climb from 10,717.50, where the index sat on December 30, 2005.
No slouches, the S&P 500 jumped nearly 14% and the Nasdaq climbed close to 10% during the year.
Looking back, the Dow is now a whopping 45% higher than when Congress passed that delicious, growthy Bush tax cut in 2003. Maybe there's something to this supply side nonsense.
Handcrafted by Flip on December 29, 2006 |
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Tracked on Apr 7, 2008 6:37:15 AM